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top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
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Real estate activity still strong

By Staff Reporter
22 October 2009 | 1 minute read

Business remains brisk for real estate agents, according to RP Data’s latest Market Activity Index.

The Index, which measures the activity of real estate professionals, has risen by 14 per cent since the start of June.

The increase in action corresponds with the rise in overall real estate listings.

More than 48,400 new real estate listings have been added to the market over the last month.

But while the influx of new stock to the market remain reasonably high, the total amount of stock advertised for sale has been falling consistently since peaking at 234,500 homes advertised for sale in October last year.

Last month, 204,546 homes were advertised for sale, an overall reduction of 16 per cent.

Real estate activity still strong
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Do you have an industry update?

top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.